Eco Cane Sugar Energy Limited

Produces sugar from cane with 2,500 TCD capacity in Kolhapur, Maharashtra.

1999 | Kolhapur, Maharashtra (India) | Active
Last Updated: November 16, 2024

Eco Cane Sugar Energy Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 22.95 Cr
  • Company Age 25 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 400.72 Cr
  • Satisfied Charges ₹ 477.79 Cr
  • Revenue Growth 4.59%
  • Profit Growth -48.49%
  • Ebitda 2.25%
  • Net Worth 7.52%
  • Total Assets -7.96%

About Eco Cane Sugar Energy

Eco Cane Sugar Energy Limited (ECSEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 June 1999 and has a history of 25 years and seven months. Its registered office is in Kolhapur, Maharashtra, India.

The Corporate was formerly known as Nalawade Sugar Mills Limited. The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 22.95 Cr.

The company currently has active open charges totaling ₹400.72 Cr. The company has closed loans amounting to ₹477.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Eco Cane Sugar Energy Limited India are Prithvi Doddanavar as Ceo, Anandakumar Kesavapalli as Cfo, and Mayuri Mittal as Company Secretary. Praveen Doddanavar, Ramesh Doddanavar, Vinod Doddanavar, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15424PN1999PLC013764

  • Company No.

    013764

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Jun 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Agriculture

Who are the key members and board of directors at Eco Cane Sugar Energy?

Executive Team (4)

NameDesignationAppointment DateStatus
Ramesh Doddanavar Country flag representing In Managing Director05-Dec-2006Current
Prithvi Doddanavar CEO29-Feb-2020Current
Anandakumar Kesavapalli Country flag representing In CFO01-Apr-2019Current
Mayuri Mittal Company Secretary01-Apr-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Praveen Doddanavar Country flag representing In Director 30-Sep-2005Current
Vinod Doddanavar Country flag representing In Director 30-Sep-2005Current
Satish Angolkar Country flag representing In Director 03-Jul-2023Current
Sanjay Country flag representing In Director 30-Mar-2020Current
Ratan Lagamannavar Country flag representing In Director 01-Jul-2022Current

Financial Performance of Eco Cane Sugar Energy.

Eco Cane Sugar Energy Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.59% increase. The company also saw a substantial fall in profitability, with a 48.49% decrease in profit. The company's net worth moved up by a moderate rise of 7.52%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
4.59%
Revenue from Operations
4.61%
Total Assets
-7.96%
Profit or Loss
-48.49%
Net Worth
7.52%
EBITDA
2.25%

What is the Ownership and Shareholding Structure of Eco Cane Sugar Energy?

In 2023, Eco Cane Sugar Energy had a promoter holding of 97.17% and a public holding of 2.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹400.72 Cr

Satisfied Charges

₹477.79 Cr

Charges Breakdown by Lending Institutions

  • Others : 375.72 Cr
  • Canara Bank : 25.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Sep 2024Others₹45.00 CrOpen
06 Jun 2024Others₹49.20 CrOpen
31 Oct 2023Others₹60.00 CrOpen
26 May 2023Others₹18.00 CrOpen
11 May 2023Others₹18.00 CrOpen

How Many Employees Work at Eco Cane Sugar Energy?

Eco Cane Sugar Energy has a workforce of 342 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Eco Cane Sugar Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Eco Cane Sugar Energy's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Eco Cane Sugar Energy

Recent activity within the organization

  • Annual General Meeting

    Eco Cane Sugar Energy Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 45.00 Cr with Charge ID 100972086 was registered on 03 Sep 2024.

    03 Sep 2024

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 12 Nov 2020 with Charge ID 100390614 was modified on 20 Aug 2024.

    20 Aug 2024

  • Charges

    A charge registered on 26 Jul 2019 via Charge ID 100287187 with Others was fully satisfied on 20 Aug 2024.

    20 Aug 2024

  • Charges

    A charge registered on 09 May 2018 via Charge ID 100182616 with Others was fully satisfied on 20 Aug 2024.

    20 Aug 2024

  • Charges

    A charge registered on 20 Dec 2022 via Charge ID 100668844 with State Bank Of India was fully satisfied on 01 Jul 2024.

    01 Jul 2024

Frequently asked questions

  • Eco Cane Sugar Energy Limited was incorporated on 24 Jun 1999.

  • The authorized share capital of Eco Cane Sugar Energy Limited is ₹ 25.00 Cr and paid-up capital is ₹ 22.95 Cr.

  • Currently 9 directors are associated with Eco Cane Sugar Energy Limited.

    • Praveen Vrishabhanath Doddanavar
    • Ramesh Pushpadant Doddanavar
    • Vinod Pushpadant Doddanavar
    • Satish Ramkrishna Angolkar
    • Sanjay
    • Ratan Yellappa Lagamannavar
    • Prithvi Vinod Doddanavar
    • Anandakumar Sethuraman Kesavapalli
    • Mayuri Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Eco Cane Sugar Energy Limited is Ghat No.72/1 72/2 76 (Kh) Village, Post Tudye Taluka Chandgad India, Mahalunge, Maharashtra, 416507.

  • The corporate identification number (CIN) of Eco Cane Sugar Energy Limited is U15424PN1999PLC013764 and the company number is 013764 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Eco Cane Sugar Energy Limited has risen by 4.59%.

  • As Per 2023 financial reports, 342 employees are currently employed by Eco Cane Sugar Energy Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Eco Cane Sugar Energy Limited has experienced an upsurge of 7.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Eco Cane Sugar Energy Limited amount to ₹ 400.72 Cr.

  • The most recent Balance Sheet for Eco Cane Sugar Energy Limited was filed with the ROC on 31 Mar 2024.

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